What is the Federal Poverty Level (FPL) benchmark for a family?

The FPL baseline is adjusted annually ($15,060 for an individual, plus approx. $5,380 for each additional family member in the continental US).

Can I use the Premium Tax Credit for Bronze or Gold plans?

Yes. Your fixed dollar monthly tax credit can be applied toward any Bronze, Silver, Gold, or Platinum plan offered on the Healthcare.gov or State Exchange marketplace.

USAUpdated for 2026Taxes

US ACA Health Insurance Marketplace Subsidy Calculator (Form 8962) 2026

Calculate your Affordable Care Act (ACA / Obamacare) health insurance Marketplace subsidy, Premium Tax Credit (PTC), benchmark Second Lowest Cost Silver Plan (SLCSP) premium, and net monthly out-of-pocket health insurance cost.

Health Insurance & CHI Tiers Taxes & Duties Finance & Investment

Calculated Result

Your Net Monthly Health Insurance Premium

325$/mo

Calculator Inputs

Household Size (Tax Filer + Spouse + Dependents)

Persons

Quick select:

Annual Household Modified Adjusted Gross Income (MAGI)

$/mo

Quick select:

Benchmark Silver Plan (SLCSP) Monthly Premium for Household

$/mo

Quick select:

Your Net Monthly Health Insurance Premium

325$/mo

Monthly Government Subsidy (PTC)

1,025 $/mo

Total Annual Premium Subsidy

$12,300

Household Federal Poverty Level Ratio

251.7%

Subsidies cap your required contribution for the benchmark Silver plan at 0% to 8.5% of household income based on Federal Poverty Level (FPL) percentage.

This calculator is a mathematical model for general financial estimation, planning, and educational guidance. Results depend on your inputs and standard formulas, and do not constitute binding financial, tax, or investment advice. Always consult a qualified professional before making financial decisions.

Official Statute: Internal Revenue Code (26 U.S.C. § 36B - Refundable Credit for Coverage Under a Qualified Health Plan & ACA Premium Tax Credit)Last Verified: 2026-09-04

Calculation Methodology

Max Required Contribution = Household Income * Applicable Income Percentage (0% to 8.5%). Monthly Subsidy = max(0, Benchmark Silver Monthly Premium - (Max Required Contribution / 12)). Net Premium = max(0, Actual Plan Premium - Monthly Subsidy).

Frequently Asked Questions

The subsidy equals the cost of the benchmark Silver plan (Second Lowest Cost Silver Plan) in your area minus your required statutory contribution percentage (which ranges from 0% to 8.5% of your household income).

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USA

US ACA Health Insurance Marketplace Subsidy Calculator (Form 8962) 2026

Calculator Inputs

Calculation Methodology

Frequently Asked Questions

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